CMOM PRACTICE MANAGEMENT INSTITUTE
MODULE 1 EXAM LATEST UPDATED
Critical areas of the practice (3) - ANSWER Patient Care, Revenue
enhancement, Cost containment
Important vs. Urgent - ANSWER Important eventually becomes urgent. So
strategy is to act on the important before it becomes urgent.
Important things fall under 7 key activities - ANSWER 1. Improving
communications with people.
2. Better preparation
3. better planning and organization
4. Taking better care of oneself
5. seizing new opportunists
6. Personal development
7. Empowerment
Time management - ANSWER Set goals. Allow time for reading and
educating. Be informed about the changing heath care industry. Read about the
different styles of managed care contracts. Learn about captation and how to
calculate capitation rates. Read. Avoid taking work home.
10 minutes in the morning and include provider if possible. Time management
for employees. - ANSWER Stand up meeting
, Practice Policies and Procedure Manual - ANSWER defines every job
function. Serve as an instruction guide for all employees.
Praise - ANSWER Offer encouragement and praise profusely, but offer help
only upon request.
Monthly summary gives the provides concise data about the practice activity
that can be reviewed in 10 minutes or less - ANSWER Summary Report
ACT in 1938- requires employers to keep records on wages and hours worked. -
ANSWER Fair Labor Standards Act- FLSA
1. Established minimum wage
Wage records; exempt and non-exempt
2. Regulated child labor
3. Established overtime pay - ANSWER FLSA, Fair Labor Standards Act has
provided for:
There is no special format requirement from the Department of Labor for wage
records so long as the information is easily ascertainable. Records shall include:
Full name of employee, SSN, Address, Sex, DOB, position, Hours of work, rate
of pay, total hours worked per week, total wages for each pay period, payment
date, total amount of additions to or deductions - ANSWER Wage Records
Employee records must be kept on file for at least_ years - ANSWER 3 years
MODULE 1 EXAM LATEST UPDATED
Critical areas of the practice (3) - ANSWER Patient Care, Revenue
enhancement, Cost containment
Important vs. Urgent - ANSWER Important eventually becomes urgent. So
strategy is to act on the important before it becomes urgent.
Important things fall under 7 key activities - ANSWER 1. Improving
communications with people.
2. Better preparation
3. better planning and organization
4. Taking better care of oneself
5. seizing new opportunists
6. Personal development
7. Empowerment
Time management - ANSWER Set goals. Allow time for reading and
educating. Be informed about the changing heath care industry. Read about the
different styles of managed care contracts. Learn about captation and how to
calculate capitation rates. Read. Avoid taking work home.
10 minutes in the morning and include provider if possible. Time management
for employees. - ANSWER Stand up meeting
, Practice Policies and Procedure Manual - ANSWER defines every job
function. Serve as an instruction guide for all employees.
Praise - ANSWER Offer encouragement and praise profusely, but offer help
only upon request.
Monthly summary gives the provides concise data about the practice activity
that can be reviewed in 10 minutes or less - ANSWER Summary Report
ACT in 1938- requires employers to keep records on wages and hours worked. -
ANSWER Fair Labor Standards Act- FLSA
1. Established minimum wage
Wage records; exempt and non-exempt
2. Regulated child labor
3. Established overtime pay - ANSWER FLSA, Fair Labor Standards Act has
provided for:
There is no special format requirement from the Department of Labor for wage
records so long as the information is easily ascertainable. Records shall include:
Full name of employee, SSN, Address, Sex, DOB, position, Hours of work, rate
of pay, total hours worked per week, total wages for each pay period, payment
date, total amount of additions to or deductions - ANSWER Wage Records
Employee records must be kept on file for at least_ years - ANSWER 3 years
